NewJeans Announces Termination of Exclusive Contract with ADOR, Preparing for Independent Activities

3 weeks ago 6

The group NewJeans has officially announced the termination of their exclusive contract with ADOR, signaling upcoming independent activities. During an urgent press conference held on the 28th in Gangnam, Seoul, the members revealed that the decision was made due to ADOR’s failure to fulfill contractual obligations. The five members, Kim MinJi, Hanni Pham, Marsh Daniel, Kang HaeRin, and Lee HyeIn, stated they will start their free activities from November 29, 2024.

NewJeans members claimed that ADOR did not fulfill the management duties specified in the exclusive contract, emphasizing that a final demand for correction was made on November 13, 2024, but was ignored. They expressed frustration over multiple requests for correction being met with evasion and excuses, preventing genuine communication.

Furthermore, the members declared that they are notifying the termination because ADOR violated the obligations of the exclusive contract and failed to resolve them within the correction period. They signed the termination notice themselves and added that the exclusive contract would lose its effect starting November 29, 2024.

The NewJeans members stressed that the contract termination is due to ADOR’s breach of obligations, asserting that they are not obliged to pay any penalties. They also expressed a desire not to cause harm to others due to the contract termination and pledged to faithfully fulfill contractual obligations made before the termination date.

They reiterated that the decision to part ways with ADOR was made after long consideration and committed to doing their best for good music in the future.

Conversely, ADOR claimed that the exclusive contract with NewJeans is valid until July 31, 2029, and denied violating the contract. ADOR’s parent company, HYBE, announced it would respond appropriately to the contract termination notice and disclose the decision on the contract termination as soon as it is made.

Many fans are focused on what steps NewJeans will take in the future, with anticipation building around the direction of their independent activities.

This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.

Read Entire Article